Kuwaiti Dinar tongan paʻanga exchange rate history (KWD TOP) January 2024

Kuwaiti Dinar tongan paʻanga history for January 2024. The highest quote for this month is 7.6844 (23/01/2024) and the lowest 7.6339 (28/01/2024). The difference between high and low is 0.66.

KWD TOP average rate for January 2024 is 7.59781, the change between 01/01/2024 and 31/01/2024 is -1.97 %.

01 January 2024	1 KWD = 7.50 TOP
02 January 2024	1 KWD = 7.50 TOP
03 January 2024	1 KWD = 7.53 TOP
04 January 2024	1 KWD = 7.54 TOP
05 January 2024	1 KWD = 7.55 TOP
06 January 2024	1 KWD = 7.54 TOP
07 January 2024	1 KWD = 7.56 TOP
08 January 2024	1 KWD = 7.57 TOP
09 January 2024	1 KWD = 7.63 TOP
10 January 2024	1 KWD = 7.66 TOP
11 January 2024	1 KWD = 7.68 TOP
12 January 2024	1 KWD = 7.56 TOP
14 January 2024	1 KWD = 7.56 TOP
15 January 2024	1 KWD = 7.60 TOP
16 January 2024	1 KWD = 7.57 TOP
17 January 2024	1 KWD = 7.59 TOP
18 January 2024	1 KWD = 7.64 TOP
19 January 2024	1 KWD = 7.66 TOP
22 January 2024	1 KWD = 7.60 TOP
23 January 2024	1 KWD = 7.61 TOP
24 January 2024	1 KWD = 7.62 TOP
25 January 2024	1 KWD = 7.62 TOP
26 January 2024	1 KWD = 7.64 TOP
28 January 2024	1 KWD = 7.63 TOP
29 January 2024	1 KWD = 7.65 TOP
30 January 2024	1 KWD = 7.68 TOP
31 January 2024	1 KWD = 7.65 TOP

01/04/2020: 50th Anniversary of the Paʻanga

Tonga celebrated the 50th anniversary of the introduction of the paʻanga as its national currency.

29/07/2014: Second Devaluation of the Paʻanga

Another devaluation occurred, this time by 20%, as part of Tonga's economic reform program.

14/03/2008: Currency Redenomination

Tonga redenominated its currency, removing three zeros from the paʻanga to simplify monetary transactions.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

16/11/2006: Riot and Currency Crisis

Civil unrest and riots erupted in Tonga, leading to a currency crisis and a temporary suspension of trading the paʻanga.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.

01/04/1991: First Devaluation of the Paʻanga

The paʻanga was devalued by 25% in an attempt to boost Tonga's economy and improve trade competitiveness.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

04/06/1975: Independence of Tonga

Tonga gained full independence from the United Kingdom, further solidifying the status of the paʻanga as its national currency.

01/04/1967: Introduction of the Paʻanga

The Tongan paʻanga was introduced as the official currency, replacing the pound at a rate of 1 pound = 2 paʻanga.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.

Historic Kuwaiti Dinar Tongan paʻanga